m-Dichlorobenzene Market Scope
M-Dichlorobenzene is a yellowish, flammable, viscous liquid with a characteristic aromatic odour. Mostly it’s used in production of paints and pesticides and also used as a solvent for rubber, waxes, resins, lacquers and dis-infectants. M-Dichlorobenzene market has high growth prospects due to increasing demand for gaseous dichlorobenzene isomers in various industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Dow (United States), BASF (Germany), Lanxess (Germany), Toray (Japan), Jiangsu Yangnong Chemical Group Co., Ltd. (China), Aarti Industries Limited (India) and Anhui Chizhou Sincerity Chemicals Co., Ltd. (China) |
CAGR | % |
In m-Dichlorobenzene market, it has been observed that most of the companies are upgrading or introducing different structural similar isomers that provides more physical, chemical and toxicological properties that is used in biochemical activities. Research Analyst at AMA estimates that China Vendors will contribute to the maximum growth of Global m-Dichlorobenzene market throughout the predicted period.
Dow (United States), BASF (Germany), Lanxess (Germany), Toray (Japan), Jiangsu Yangnong Chemical Group Co., Ltd. (China), Aarti Industries Limited (India) and Anhui Chizhou Sincerity Chemicals Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Anhui Lixing Chemical Co., Ltd. (China), Jiangsu Huaijiang Technology Co., Ltd. (China) and Jiangsu Longchang Chemical Co., Ltd. (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global m-Dichlorobenzene market by Type , by Application (Dye, Medicine, Pesticides and Others) and Region with country level break-up.
On the basis of geography, the market of m-Dichlorobenzene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In August 2021, Paysafe, a specialized payment solutions company, acquired SafetyPay, a digital payments platform, for USD441M in an all-cash deal. The deal is expected to close in Q4’21.
In January 2024, Mobile devices, particularly smartphones, are a nearly inescapable part of consumers’ daily lives. Consumers have come to rely on these devices for practically every facet of daily life, including mobile commerce
Influencing Trend:
Increased Demand of m-Dichlorobenzene for Absorption Process.
Market Growth Drivers:
Growing Demand of m-Dichlorobenzene at Chemical Industries.
Challenges:
Stringent Government Regulations Hamper the Market.
Restraints:
Side Effect Associated Within m-Dichlorobenzene.
Opportunities:
Rising Government Investment and Opening Up to Foreign Direct Investments and Companies are Focus on R&D Activities for Maximum Utilisation of m-Dichlorobenzene
Key Target Audience
M-Dichlorobenzene Manufacturers, M-Dichlorobenzene Traders, End-Use Market Participants of Different Segments of M-Dichlorobenzene, Associations and Industrial Bodies, Government and Research Organizations, R&D Institutions and Others